Here’s the scenario: You just had a heart attack. The doctor tells you that you’re very lucky to be alive and that you can’t work for 2 months. Your doctors and the hospital will get paid by your health insurance. Your life insurance isn’t...

The simple answer to this question lies in the answers to a few others. What are you trying to insure? For how long do you need to insure it? Here are some common answers: Replace lost income, family protection Pay off debt like credit cards, large loan or mortgage....